36 replies to this topic

[skott]

Just read an article by Mark Hulbert who specializes in newsletter writers sentiment analysis and other sentiment gauges. he did a look back at other bank crises. His article leans towards a turn by end of May and could turn in April or anytime in May. This is based on historical bank panics and the stock markets reactions to it. 

 

https://www.marketwa...od=mark-hulbert

[linrom1]

Small banks in rally mode, while large banks tank?

[pdx5]

Small banks in rally mode, while large banks tank?

Bargain hunting mode is common in amateurs.

[pdx5]

 
 

Meanwhile, banks and REITs continue to plumb new lows.  

 

 

REITS may be squeezed due to so many working from home using internet.

Office space are major holdings of REITS.

[Chilidawgz]

Were back at QE

 

“If it looks like a duck, quacks like a duck, and walks like a duck…it’s probably a duck.”

 

Lance Roberts

 

Market looks bullish for a lot of my work but I don't trust it. Will watch from the sidelines for now

Edited by Chilidawgz, 25 March 2023 - 12:53 PM.

[Chilidawgz]

[Chilidawgz]

[beta]

Thanks Chili.

 

Note that banks and REITs, which have led this decline, are setting up for a 1-2 day rally short-term.  BXP, VNO, WFC look ready for a 6-10% bounce here.

 

I recall Entropy had posted an SPX 3910 target low, which was met Friday morning. 

 

If SPX 4000 is breached to the upside, I believe it goes back to 4078.

[K Wave]

Thanks Chili.

 

Note that banks and REITs, which have led this decline, are setting up for a 1-2 day rally short-term.  BXP, VNO, WFC look ready for a 6-10% bounce here.

 

I recall Entropy had posted an SPX 3910 target low, which was met Friday morning. 

 

If SPX 4000 is breached to the upside, I believe it goes back to 4078.

what happens at 2180-2200 area, should REIT get there, could be very important to longer term outlook.

[Chilidawgz]